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Wednesday, March 26, 2008

URGENT!!! THIS WILL SAVE YOU MONEY!

ATTENTION, DON'T PAY MORE THAN YOU HAVE TO, FILLING OUT THIS FORM WILL SAVE YOU A BUNCH OF MONEY. ITS SAD TO SAY BUT OUR PROPERTY VALUE HAS DROPPED SIGNIFICANTLY, HAVE YOUR PROPERTY REASSESSED SO THAT YOU PAY TAXES ON THE CURRENT VALUE.

Click here to view and print the Informal Property Tax Review Form, fill it out and postmark it by April 30th.

The form is a request for a reassessment of your property value. When you purchased your condo, the county reassessed your home at the purchase price. Your property taxes are a percentage of that assessed value. Now that values have dropped so dramatically, a reassessment would benefit you by resetting the value of your home to better match market conditions. The county tax rate will remain the same, so the same percentage of a lower assessed value means a smaller total tax burden for you.
-Pumkin828

As an FYI, the form asks for comp sales in the area, but you do not need to fill that out since the information is not readily available. I was told by the Assessors Office to put "Not Available" and that they would pull it up on their own. They have the information, but we do not since the auction prices were not identified by the converter in the grant deeds.

-Sarah
Kudos to Sarah for presenting this information at our March meeting. Tell your fellow neighbors about this ASAP. Also don't forget to spread the news about the BLOG. It is the best form of communication we have.

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